002285SZSE

2025 Annual Report

✨ AI Summary

The 2025 Annual Report of Shenzhen Worldunion Group Incorporated outlines the company's financial performance, highlighting a 20.20% decrease in revenue to approximately CNY 1.95 billion and a net loss of CNY 649.88 million. The report emphasizes the company's strategic focus on core business areas and the impact of market conditions on operations. No cash dividends will be distributed, reflecting a cautious approach amid ongoing challenges.

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Full Translation

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Important Notes, Directory, and Definitions

The Board of Directors and senior management of Shenzhen Worldunion Group Incorporated guarantee that the content of the annual report is true, accurate, and complete, with no false records, misleading statements, or significant omissions, and they bear individual and joint legal responsibility. The responsible person Chen Weicheng, the head of accounting Chen Zhichong, and the head of the accounting institution Tong Zhaojun declare that they ensure the financial report in this annual report is true, accurate, and complete. Except for the following directors, other directors personally attended the board meeting to review this annual report.

Name of Absent DirectorPositionReason for AbsenceProxy Name
Tian YangmingDirectorDue to other important meetingsZhuo Jiaxin

The forward-looking statements regarding future plans in the report are planning matters and do not constitute substantive commitments to investors; investors are advised to pay attention to investment risks. The company has described the risk factors it faces in this report; please refer to Section 3 Management Discussion and Analysis for the risks and countermeasures regarding the company's future development. The company plans not to distribute cash dividends, issue bonus shares, or increase capital using reserves.

Directory

  1. Important Notes, Directory, and Definitions ............................................................................................................................. 2
  2. Company Profile and Key Financial Indicators ......................................................................................................................... 7
  3. Management Discussion and Analysis .................................................................................................................................... 11
  4. Corporate Governance, Environment, and Society .................................................................................................................. 36
  5. Important Matters ................................................................................................................................................................... 59
  6. Changes in Shares and Shareholder Information .................................................................................................................... 86
  7. Bond-Related Information ....................................................................................................................................................... 93
  8. Financial Report ...................................................................................................................................................................... 94

Documents for Inspection

  1. Accounting statements signed and stamped by the legal representative, financial officer, and head of the accounting institution.
  2. Original audit report stamped and signed by the accounting firm and certified public accountants.
  3. Originals of all company documents publicly disclosed in newspapers designated by the China Securities Regulatory Commission during the reporting period.
  4. The above documents are available at the company's Board of Directors office and the Shenzhen Stock Exchange.

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